BUSN 380 STUDY Career Path Begins/busn380study.com BUSN 380 STUDY Career Path Begins/busn380study.com | Page 103

Question 12. 12. (TCO 4) Thad Joslin was judged at fault in an
automobile accident. Three others were awarded damages of $145,000,
$75,000, and $80,000. Thad has 100/300 bodily injury liability
coverage. What amount, if any, would not be covered by his
insurance? (Points : 1)
$45,000
$100,000
$75,000
None. The total amount would be covered by insurance.
$50,000
Question 13. 13. (TCO 4) Which is a correct statement about life
insurance? (Points : 1)
People are less apt to actively seek life insurance than health
insurance.
Private sources are the only available sources for life insurance.
Life insurance is extremely important if you are single and living
alone.
There is only one type of life insurance.
Consumer awareness of life insurance has changed considerably
over the years.
Question 14. 14. (TCO 4) You probably have little or no need for life
insurance if you are (Points : 1)
a single person living alone or with parents.
divorced and have two children.